FXSURESIGNALS LTD GOLD ANALYSIS
#GOLD CURRENT TREND IS BEARISH
BASED ON OUR ANALYSIS IN THE CHART:
TIME FRAME: 4 HOUR
FIRST SCENARIO: IF PRICE ACTION BREAKS THE RESISTANCE 1755, THEN WE WOULD EXPECT A UPSIDE SIDE MOVEMENT TO;
TP1: 1762
TP2: 1775
TP3: 1791
SECOND SCENARIO: IF PRICE ACTION BREAKS THE SUPPORT 1734, THEN WE WOULD EXPECT A DOWN SIDE MOVEMENT TO;
TP1: 1726
TP2: 1708
TP3: 1694
TP4: 1678
#GOLD CURRENT TREND IS BEARISH
BASED ON OUR ANALYSIS IN THE CHART:
TIME FRAME: 4 HOUR
FIRST SCENARIO: IF PRICE ACTION BREAKS THE RESISTANCE 1755, THEN WE WOULD EXPECT A UPSIDE SIDE MOVEMENT TO;
TP1: 1762
TP2: 1775
TP3: 1791
SECOND SCENARIO: IF PRICE ACTION BREAKS THE SUPPORT 1734, THEN WE WOULD EXPECT A DOWN SIDE MOVEMENT TO;
TP1: 1726
TP2: 1708
TP3: 1694
TP4: 1678